OMERS to sell healthcare IT provider Logibec to GI Partners
OMERS Private Equity has agreed to sell the Canadian operations of healthcare information technology company Logibec Inc to U.S. private equity firm GI Partners. The deal, the financial terms of which were not released, is expected to close in the first quarter of 2015. Following the close, OMERS said it will continue to own Logibec's U.S. division MatrixCare, an electronic health record provider. The Montréal-based Logibec specializes in clinical and administrative information systems for the health and social services sectors. Founded in 1982, OMERS took the company private in 2010 for $237 million. Earlier this month, OMERS also sold Accelerated Rehabilitation Centers.
19 December 2014•4 mins read
